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Theoretical Import Margin of Soybean Oil-4/23/2020

2020-04-23 www.cofeed.com
Product Month CNF China Duty Paid DCE Soyoil Import Margin Spot GB Grade 3 Spread
(Delivery) USD/mT RMB/mT Matching Contract Future
Soybean oil,              US Gulf May-20 660 6890 Y2009 5510 -1380 5700 -1190
　
Soybean oil,      Argentina May-20 644 5480 Y2009 5510 30 5700 220
Jun-20 647 5510 Y2009 5510 0 5700 190
Aug/Sep-20 652 5550 Y2009 5510 -40 5700 150
Oct/Nov/Dec-20 661 5630 Y2101 5550 -80 5700 70
　
Soybean Oil,           Brazil May-20 657 5590 Y2009 5510 -80 5700 110
Jun/Jul-20 647 5510 Y2009 5510 0 5700 190
Oct/Nov/Dec-20 661 5630 Y2101 5550 -80 5700 70

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